USDA Lowers Forecast for Corn and Soybeans

Cindy Zimmerman Leave a Comment

The November World Agricultural Supply and Demand Estimates from USDA show lower forecasts for domestic production of both corn and soybeans. This month’s 2020/21 U.S. corn outlook is for lower production, reduced feed and residual use, larger exports, and smaller ending stocks. Corn production is forecast at 14.507 billion bushels, down 215 million with a reduction in yield to 175.8 …

corn, Ethanol, Ethanol News, Soybeans, USDA

June is Renewable Fuels Month in Nebraska

Cindy Zimmerman

Renewable Fuels Month in Nebraska is normally held in May as a kick-off to the summer driving season. However, due to COVID-19 concerns, Renewable Fuels Month was postponed and is now being celebrated this month. To help promote locally-produced biofuels, such as ethanol and biodiesel, Nebraska Gov. Pete Ricketts recently declared June as Renewable Fuels Month. Since 2006, the acting …

Biodiesel, corn, Ethanol, Ethanol News, Soybeans

ASA Hires Biofuels & Infrastructure Policy Lead

Cindy Zimmerman

The American Soybean Association (ASA) has hired Alexa Combelic to lead biofuels and infrastructure policy on its government affairs team starting May 4. Combelic joins ASA as a Director of Government Affairs. Her portfolio will include biofuels and infrastructure, both of which are current priority issues for ASA. In her previous roles, Combelic has worked on a vast array of …

ASA, Biodiesel, biofuels, Soybeans

USDA Lowers Corn for Ethanol Outlook

Cindy Zimmerman

COVID-19 took its toll on the April World Agricultural Supply and Demand Estimates released Thursday, especially for corn and soybeans. This month’s 2019/20 U.S. corn outlook is for reduced imports, greater feed and residual use, lower food, seed, and industrial use, and larger stocks. Feed and residual use is raised 150 million bushels to 5.675 billion. This is based on …

corn, Distillers Grains, Ethanol, Ethanol News, Soybeans, USDA

National Biodiesel Board Elects New Leaders

Cindy Zimmerman

The National Biodiesel Board held its annual fall meeting this week in Washington D.C. to focus on policy initiatives and moving the industry forward. During the meeting, the membership elected representatives to serve on the Governing Board to help the development and success of biodiesel. NBB members voted to fill seven board member spots for two-year terms: Kent Engelbrecht, Archer …

Audio, Biodiesel, NBB, Soybeans

No More Iowa Nice

Cindy Zimmerman

No more Mr. Iowa Nice Guy. That was a message delivered during a press conference with representatives of Iowa’s corn, ethanol, biodiesel and soybean producers in response to the Supplemental Proposal for Renewable Fuels Volumes released Tuesday by EPA. Iowa Corn Growers Association CEO Craig Floss quoted one farmer who is outraged over the proposal. “No more Iowa Nice, now …

Audio, Biodiesel, biofuels, corn, EPA, Ethanol, Ethanol News, Iowa RFA, Soybeans

Biodiesel Industry Requests Meeting Before Commerce Decision

Cindy Zimmerman

The National Biodiesel Board (NBB) and American Soybean Association (ASA) sent a letter this week to Secretary of Commerce Wilbur Ross, requesting a meeting before his department finalizes its review of countervailing duties on biodiesel imports from Argentina. The letter notes that Ross met with the Government of Argentina after issuing a preliminary decision in the review but has not …

ASA, Biodiesel, Exports, NBB, Soybeans

Biodiesel Market in EU Opens for U.S. Soybeans

Cindy Zimmerman

The European Commission has formally announced that conservation practices required for U.S. soybean production meet EU sustainability standards, and biodiesel produced from documented soybeans can now be used in the EU. The EU requires biofuels to meet a set of sustainability criteria outlined in its Renewable Energy Directive (RED). The U.S. soy industry has its own sustainability guideline, the Soybean …

ASA, Biodiesel, Exports, Soybeans

Iowa Biodiesel Board Elects Leaders

Cindy Zimmerman

The Iowa Biodiesel Board elected leadership during this week’s annual meeting in Des Moines. Tom Brooks, general manager of biodiesel producer Western Dubuque Biodiesel in Farley, Iowa, was re-elected to lead the organization for the next year. Doug Lenhart, vice president of procurement and logistics at Iowa-headquartered Renewable Energy Group (REG) was elected secretary. He replaces Dawn Carlson, Petroleum Marketers …

Biodiesel, Soybeans

Record Corn and Soybean Forecasts

Cindy Zimmerman

A record high soybean crop and overall corn yield are expected this year, according to the latest Crop Production report from USDA’s National Agricultural Statistics Service. Up 4 percent from 2017, soybean production is forecast at a record 4.59 billion bushels, while corn growers are expected to decrease their production slightly from last year, forecast at 14.6 billion bushels. Average …

corn, Ethanol, Ethanol News, Soybeans, USDA